ARBenefits Group Term Life and AD&D
For active Public School employees
PROTECT THE LIFE THEY LIVE TODAY
Enroll for group life insurance online at ARBenefits.org
Enrollment opportunities – You may only elect coverage at certain times
No medical underwriting is required during
initial 60-day eligibility period for these
coverage amounts:
• Expanded Basic Term Life: Up to $40,000
• Spouse Term Life: Up to $10,000
• Child Term Life: Up to $10,000
Other enrollment opportunities:
• During annual enrollment
• Within 60 days of a qualifying event –
marriage, birth or adoption
You may reduce or cancel coverage at any time throughout the year. You may also
update your beneficiary any time throughout the year.
Evidence of Insurability (EOI) will be required for any amounts exceeding these
guaranteed limits or if coverage is applied for outside of your initial 60-day
eligibility period. See inside for all coverage options.
Underwritten by Minnesota Life Insurance Company
Look inside for
details and rates
Protect your family from the unexpected loss of
your life and income during your working years.
Basic coverage
Basic Term Life and AD&D
(automatically enrolled)
$10,000 Includes matching AD&D benefit
To opt out of this automatic benefit, submit a
Minnesota Life Group Term Life Enrollment and
Service Request Form (available on ARBenefits.org).
Monthly cost for coverage
Expanded Basic Term Life and AD&D
$0.17 per $1,000
Spouse Term Life
$0.55 per $1,000
Child Term Life
$0.10 per $1,000 per child
Child Term Life coverage terminates at age 26, unless disabled. You must
notify Minnesota Life when your child reaches age 26.
Supplemental Term Life and AD&D
Rates adjusted by age and increase with age.
Age
Additional features
Beyond paying a benefit in the event of your
death, your group life insurance plan has other
important features:
• Additional financial protection if death or
dismemberment is due to a covered accident –
Accidental Death and Dismemberment (AD&D)
insurance provides an added level of protection
whether the covered accidental death or
dismemberment occurs at work or elsewhere.
• Take your coverage with you – If you are
no longer eligible for coverage as an active
employee, you may port your group life
insurance coverage (portable coverage ends at
age 70) or you may convert your life coverage to
an individual life insurance policy (if you retire,
you are eligible to convert up to 50 percent of
your life insurance coverage). Premiums may be
higher than those paid by active employees.
• Early benefit payments if diagnosed as
terminally ill – If an insured person becomes
terminally ill with a life expectancy of 12 months
or less, he/she may request early payment of up
to 100 percent of the life insurance amount.
Rate / $1,000
Under 25
25-29
30-34
35-39
40-44
45-49
50-54
55-59
60-64
65-69
70-74
75 and over
$0.09
0.09
0.12
0.13
0.20
0.33
0.52
0.76
1.13
2.20
3.58
7.14
All rates are subject to change.
Here’s the easy math
to your monthly premium:
Total coverage you need
$
÷1,000
x your rate
$
=
Monthly premium$
ENROLL IN YOUR GROUP
LIFE INSURANCE
Coverage options (elect all that apply)
Expanded Basic
Term Life and AD&D
$1,000 increments to
$40,000
Supplemental Term
Life and AD&D
$1,000 increments to
$250,000
Includes a matching AD&D benefit
Includes a matching AD&D benefit
ELECT
ELECT
Spouse
Term Life
Child
Term Life
$1,000 increments to
$50,000
$1,000 increments to
$50,000
Your tax dependent children are eligible
from age 14 days to age 26
ELECT
ELECT
A person may only be insured once under this plan. Married employees eligible for ARBenefits Life insurance may not be insured as both employee and spouse, and a
child may only be insured by one employee.
QUESTIONS?
GO TO:
Call 1-888-826-2734
ARBenefits.org to enroll and/or
designate beneficiaries
Why Life Insurance?
Watch a video to learn how
life insurance can protect your
financial future.
IMAGINE YOUR FAMILY’S WALLET
WITHOUT YOUR PAYCHECK.
Visit LifeBenefits.com/videos/
ARBenefits to learn more.
PROTECT YOUR FAMILY BY PURCHASING
LIFE INSURANCE TO COVER:
Medical bills
Funeral/burial costs
Estate taxes
Family’s living expenses
(e.g., mortgage, childcare)
This is a summary of plan provisions related to the insurance policy issued by Minnesota Life Insurance Company to the State of Arkansas. In the event of a conflict
between this summary and the policy and/or certificate, the policy and/or certificate shall dictate the insurance provisions, exclusions, all limitations and terms of
coverage. All elections or increases are subject to the actively at work requirement of the policy. Elections above the guaranteed issue amount will require medical
underwriting and insurance carrier approval before becoming effective.
Insurance products are underwritten by Minnesota Life Insurance Company, an affiliate of Securian Financial Group, Inc. Products are offered under policy form series
number MHC‑96‑13180.
The Securian Financial Group, Inc. and its affiliates, including Minnesota Life, provide a wide range of financial products and services that meet the needs of individuals,
families, business owners, financial institutions and employers.
Securian Financial Group, Inc.
Group Insurance
www.LifeBenefits.com
400 Robert Street North, St. Paul, MN 55101-2098
©2015 Securian Financial Group, Inc. All rights reserved.
F68970-2 Rev 8-2015
A04033-0714